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Journals / BDDK Bankacılık ve Finansal Piyasalar Dergisi / 2009 / Cilt: 3 Sayı: 2

An Evaluation on the Determinants of Financial Development: Literature Survey

Finansal Gelişmenin Belirleyicileri Üzerine Bir Değerlendirme: Literatür Taraması

Hüseyin Ağır
Osman Peker
Muhsin Kar
Pages
31–62
Publication Date
2009-12-01
DOI
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Ağır, H., Peker, O., Kar, M. (2009). An Evaluation on the Determinants of Financial Development: Literature Survey. BDDK Bankacılık ve Finansal Piyasalar Dergisi, Cilt: 3 Sayı: 2, 31–62. https://ajindex.com/articles/1193898

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References (148)

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  48. Lele, P. ve Siems, M. (2007). Shareholder Protection: A Leximetric Approach. Journal of Corporate Law Studies, 7: 1750.
  49. Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35:688726.
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  66. Shan, J.Z., A.G. Morris ve Sun, F. (2001). Financial Development and Economic Growth: An EggandChicken Problem. Review of International Economics, 9(3): 443454.
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  80. Barth, J., Caprio, G. ve Levine, R. (2001). “Banking System Around the Globe: Do Regulation and Ownership Affect Performance And Stability?” içinde F. Mishkin (editör). Prudential Regulation and Supervision: Why it is Important and What are the Issues, National Bureau of Economic Research.
  81. Beaugrand, P., Boileau, L. ve Montfort, M. (2002). The Choice Between Exter- nal and Domestic Debt in Financing Budget Deficits: The Case of Central and West African Countries. IMF Working Paper. WP/02/79.
  82. Beck, T. ve Levine, R. (2004). Stock Markets, Banks and Economic Growth: Pa- nel Evidence. Journal of Banking and Finance, 28: 423442.
  83. Beck, T., DemirgüçKunt, A. ve Levine, R. (2001a). Law, Politics and Finance. World Bank Working Paper, No. 2585.
  84. Beck, T., DemirgüçKunt, A. ve Levine, R. (2001b). Legal Theories of Financial Development. Oxford Review of Economic Policy, 17(4): 483501.
  85. Bekaert, G. ve Harvey, C. (2000). Foreign Speculators and Emerging Equity Markets. The Journal of Finance, 55:565613.
  86. Bencivenga, V. ve Smith, B. (1991). Financial Intermediation and Endogenous Growth. Review of Economic Studies, 58: 195209.
  87. Bental, B. ve Eden, B. (2002). Reserve Requirements and Output Fluctuations. Journal of Monetary Economics, 49: 1597–1620
  88. Ben Naceur, S., Boubakri, N. ve Ghazouani, S. (2008). Privatization and Finan- cial Market Development: A Comparison Between MENA Countries and Other Regions. Economic Research Forum, Working Paper No. 390.
  89. Bittencourt, M. (2008). Inflation and Financial Development: Evidence from Brazil. United Nations University, Research Paper No: 2008/14.
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  91. Bortolotti, B., de Jong, F., Nicodano, G. ve Schindele, I. (2007). Privatization and Stock Market Liquidity. Journal of Banking and Finance, 31:297316.
  92. Boubakri, N. ve Hamza, O. (2007). The Dynamics of Privatization, the Legal En- vironment and Stock Market Development. International Review of Financial Analysis, 16: 304331.
  93. Boyd, J., Levine, R. ve Smith, B. (2001). The Impact of Inflation on Financial Sector Performance.Journal of Monetary Economics, 47: 221248.
  94. Braun, M. ve Raddatz, C. (2005). Trade Liberalization and the Politics of Finan- cial Development. World Bank Working Paper, No: 3517.
  95. Brownbridge, M., Kirkpatrick, C. H. ve Maimbo, S. M. (2005). “Financial Regu- lation in Developing Countries: Policy and Recent Experience”, içinde C. Green, C. Kirkpatrick and V. Murinde (editörler), Finance and Development Surveys of Theory, Evidence and Policy, Cheltenham, UK: Edward Elgar, ss. 154180.
  96. Diamond, D. W. ve Dybvig, P. H. (1983). Bank Runs, Deposit Insurance and Li- quidity. Journal of Political Economy, 51(3): 401419.
  97. Do, Q. T. ve Levchenko, A. A. (2006). Comparative Advantage, Demand for Ex- ternal Finance and Financial Development. World Bank Policy Research Working Paper 3889, WPS 3889.
  98. Doğan, H. (2008). Türkiye’de Finans ve Reel Ekonomi İliflkisi: Schumpeter Hak- lımıydı?. İktisat İflletme ve Finans, 23(272): 4979.
  99. Eschenbach, F. (2004). Finance and Growth: A Survey of the Theoretical and Empirical Literature. Tinbergen Institute Discussion Paper, TI 2004039/2.
  100. Fischer, B. (1993). Success and Pitfalls with Financial Reforms in Developing Co- untries. Savings and Development, 17(2):111135.
  101. Frankel, J. ve Rose, A. (1998). Currency Crashes in Emerging Markets: an Em- pirical Treatment. Journal of International Economics, 41:351366.
  102. Friedman, M. (1960). A Program for Monetary Stability. New York City: Ford- ham University Press.
  103. Fry, M. J. (1988). Money, Interest and Banking in Economic Development. The John Hopkins University Pres.
  104. Fukuyama, F. (1995). Trust. New York: Free Press
  105. Galbis, V. (1979). “Money, Investment and Growth in Latin America, 19611973”, Economic Development and Cultural Change, 27, pp.423442.
  106. Garcia, G. (2000). Deposit Insurance and Crisis Management. IMF Working Pa- per, No. 0057.
  107. Garretsen, H., Lensink, R. ve Sterken, E. (2004). Growth, Financial Develop- ment, Societal Norms and Legal Institutions. Journal of International Financial Markets, Institutions and Money, 14: 165183.
  108. Gerschenkron, A. (1962). Economic Backwardness in Historical Perspective. Cambridge: Harvard University Pres.
  109. Girgin, B., Acar, İ. ve Seyfi, Ç. (2008). Mevduat Sigortacılığı ve Banka Kaynak- larının Korunmasındaki Rolü. TMSF Çatı, 2(18): 1115.
  110. Girma, S. ve Shortland, A. (2004). The Political Economy of Financial Develop- ment. University of Liecester, Working Paper No: 04/21.
  111. Goldsmith, R.W. (1969). Financial Structure and Economic Development. New Haven: Yale University Pres.
  112. Gorton, G. (1988). Banking Panics and Business Cycles. Oxford Economic Pa- pers, 40:751781.
  113. Greenwood, J. ve Jovanovic, B. (1990). Financial Development, Growth and the Distribution of Income. Journal of Political Economy, 98(5): 10761107.
  114. King, R. G. ve Levine, R. (1993a). Finance and Growth: Schumpeter Might Be Right. Quarterly Journal of Economics, 108(3):717737.
  115. King, R. G. ve Levine, R. (1993b). Finance, Entrepreneurship, and Growth: The- ory and Evidence. Journal of Monetary Economics, 32(3):513542.
  116. Klein, M. W. ve Olivei, G. P. (2008). Capital Account Liberalization, Financial Depth and Economic Growth. Journal of International Money and Finance, 27: 861875.
  117. Knack, S., ve Keefer, P. (1997). Does societal capital have an economic pa- yoff?: a crosscountry investigation. Quarterly Journal of Economics, 112(4): 12511288.
  118. La Porta, R., LopezdeSilanes, F. ve Shleifer, A. (2002). Government Ownership of Banks. Journal of Finance, 57(1): 265301.
  119. La Porta, R., LopezdeSilanes, F., Shleifer, A. ve Vishny, R. W. (1997). Legal De- terminants of External Finance. Journal of Finance, 52: 11311150.
  120. Law, S. H. ve Demetriades, P. (2006). Opennes, Institutions and Financial De- velopment. Wold Economy&Finance Research Programme Working Paper Seri- es, Economic&Social Research Council, WEF 0012.
  121. Lawrence, P. (2006). Finance and Development: Why Should Causation Mat- ter?. Journal of International Development, 18: 9971016.
  122. Lele, P. ve Siems, M. (2007). Shareholder Protection: A Leximetric Approach. Journal of Corporate Law Studies, 7: 1750.
  123. Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35:688726.
  124. Lewis, A. W. (1954). Economic Development with Unlimited Supplies of Labo- ur. Manchester School Of Economics And Social Studies, 22: 139191.
  125. Licht, A. N., Goldschmidt, C. ve Schwartz, S. H. (2005). Culture, Law, and Cor- porate Governance.International Review of Law and Economics, 25(2): 229–255.
  126. Llewellyn, D. T. (2005). “Banking Regulation After Recent Financial Crises: Les- sons for Developing and Developed Countries”, içinde C. Green, C. Kirkpatrick and V. Murinde (derleyenler), Finance and Development Surveys of Theory, Evi- dence and Policy, Cheltenham, UK: Edward Elgar, ss. 185240.
  127. Lucas, R. (1988). On the Mechanics of Economic Development. Journal of Mo- netary Economics, 22(1): 342.
  128. Mayer, C. ve Sussman, O. (2001). The Assessment: Finance, Law, and Growth. Oxford Review of Economic Policy, 17(4): 457466.
  129. Prebish, R. (1950). The Economic Development of Latin America and Its Princi- pal Problems, New York: UND.
  130. Quintyn, M. ve Taylor, M. W. (2002). Regulatory and Supervisory Independen- ce and Financial Stability. IMF, Working Paper No. 46.
  131. Rajan, R. G. ve Zingales, L. (2003). The Great Reversals: The Politics of Financi- al Development in the Twentieth Centurt. Journal of Financial Economics, 69: 550.
  132. Rioja, F. ve Valev, N. (2004). Does One Size Fit All?: A Reexamination of the Fi- nance and Growth Relationship. Journal of Development Economics, 74: 429447.
  133. Robinson, J. (1952). “The Generalization of the General Theory”, içinde The Ra- te of Interest and Other Essays, 67142, London: Macmillan.
  134. Romer, P. M. (1986). Increasing Returns And Long Run Growth. Journal Of Po- litical Economy, 94(5): 10021037.
  135. Roubini, N. ve Salai Martin, X. (1992). Financial Repression and Economic Growth.Journal of Development Economics, 39(1): 530.
  136. Schumpeter, J. A. (1912). The Theory of Economic Development, Cambridge: Harvard University Pres.
  137. Shan, J. ve Jianhong, Q. (2006). Does Financial Development 2lead2 Economic Growth? The Case of China. Annalys of Economics and Finance, 1: 231250.
  138. Shan, J.Z., A.G. Morris ve Sun, F. (2001). Financial Development and Economic Growth: An EggandChicken Problem. Review of International Economics, 9(3): 443454.
  139. Shaw, E. S. (1973). Financial Deepening in Economic Development, New York: Oxford University Pres.
  140. Singh, A. (1997). Financial Liberalization, Stockmarkets and Economic Develop- ment. Economic Journal, 107(442): 771782.
  141. Singh, A ve Weisse, B.A. (1998). Emerging Stock Markets, Portfolio Capital Flows and Longterm Economic Growth: Micro and Macroeconomic Perspecti- ves. World Development, 26: 607622.
  142. Stiglitz, J. (1994). “The Role of The State in Financial Markets”, içinde M. Bru- no ve B. Pleskoviç (editörler), Proceedings of The World Bank Conference on Development Economics, Washington D C.:World Bank.
  143. Stultz, R.M., ve Williamson, R. (2001). Culture, Openness and Finance, NBER Working Paper, 8222, Cambridge Mass.
  144. Tafl, S. ve Kar, M. (2002). A Critical Survey of the Emprical Studies on Financi- al Liberalization in Turkey. Gaziantep Üniversitesi Sosyal Bilimler Dergisi, 5(1): 3963.
  145. Thiel, M. (2001). Finance and Growth: A Review of Theory and the Available Evidence. Directorate General for Economic And Financial Affairs, Economic Pa- per No. 158. (http://ec.europa.eu/economy_finance/publications/publicati- on884_en.pdf, 29.05.2009).
  146. Türk, İ. (1998). Maliye Politikası, Ankara: Turhan Kitabevi.
  147. Ünalmıfl, D. (2002). The Causality Between Financial Development and Econo- mic Growth: The Case of Turkey. CBRT Research Department, Working Paper No: 3, Ankara. (http://www.tcmb.gov.tr/research/work/wp6.pdf, 25.01.2009).
  148. Zoli, E. (2007). Financial Development in Emerging Europa: The Unfinished Agenda. IMF Working Paper No 07245, Washington D.C.: IMF.